Fleet Calculator

Notes

1. Tesla network fees. 30% of gross rider revenue (the Tesla dispatch and software fee) plus a $220/month FSD subscription. Tesla has publicly indicated its network take-rate will be in the 25 to 30% range; this model uses 30% to be conservative.

2. MAT Co. depot subscription. One bundled monthly fee covering automated cleaning ($950), depot parking and staging ($199), allocated severe-cleaning reserve ($13), and DC fast-charging at $14.48 per session. Total comes to $1,162 fixed plus $0.0724 per total mile driven. “Total miles” includes empty miles between rides (deadhead), so the charging line scales with everything the car drives, not just the miles a passenger is in the seat. Wiper blades and washer fluid are included at no extra cost.

3. Owner fixed costs. Three monthly items: commercial vehicle insurance at $800, Ohio EV registration at approximately $23 ($200/year EV surcharge plus $80/year base registration), and vehicle financing at approximately $778. Financing assumes the full $30,000 vehicle price plus 7.25% Ohio sales tax ($2,175) rolled into a $32,175 loan at 7.5% APR over 48 months, with no down payment. The 48-month term matches the vehicle's useful life and depreciation schedule, so the loan fully amortizes by end-of-life with no residual balance. This $778 is the full monthly loan payment (principal + interest). On a GAAP P&L it would split into ~$181 interest expense plus ~$597 principal repayment in Year 1, but for owner cash flow purposes the calculator shows the single check the owner actually writes. The “Paid Cash” toggle at the top of the calculator removes the financing line.

4. Maintenance pass-through. The owner pays Tesla service center directly, at cost, with no markup from MAT. MAT only schedules and coordinates the service. The estimated rate of approximately $0.09 per total mile covers tires (replaced every ~35,000 miles, $1,500 per set), brake pads and rotors (~100,000 miles, $1,800), wheel alignment, cabin filters, brake fluid, 12-volt battery, AC desiccant, and a contingency reserve for unscheduled repairs. Like charging, this scales with total miles driven, including empty miles between rides.

Assumptions & caveats

Cybercab useful life. Tesla's stated design life for Cybercab is 264,000 miles over 48 months. At the Year 1 baseline of approximately 5,400 total miles per month, the vehicle reaches end-of-life right at month 48, which matches both the financing term and the depreciation schedule. Higher utilization shortens this. At Year 4 ride volumes (~6,200 total miles/month) the vehicle hits 264K miles around month 42. Replacement at end-of-life starts fresh with no residual loan balance and no equity in the retiring vehicle.

Day-one cash. The vehicle and sales tax are financed, so the only out-of-pocket cost at purchase is approximately $310 for title and first-year registration paid at the Ohio BMV. Total capital deployed (financed plus paid cash) is approximately $32,485. The monthly P&L shown reflects ongoing operating economics only, not the upfront $310.

Demand inputs. The Year 1 baseline of 496 rides per vehicle per month at $14 per ride comes from MAT internal operating projections, with rides scaling to 615 per month and fare escalating to $15.30 by Year 4 (3% annual inflation). Revenue miles per ride is held constant at 5.5 across all scenarios. Deadhead percentage is dynamic: 49.4% in Year 1 falling to 45.7% by Year 4 as utilization rises (more rides per active hour means less repositioning between trips). These are not user-editable in this version of the calculator but are used in every calculation.